REG - Stobart Group Ltd - Correction: Director/PDMR Shareholding

EskenAnnouncement

28/06/2018 16:55

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RNS Number : 9639S
Stobart Group Limited
28 June 2018
 
The following amendment has been made to the Director/PDMR Shareholder
announcement released on 27 June 2018 under RNS No 8251S.
Mr Laycock has sold, in aggregate, 95,936 (and not 108,184) ordinary shares in
order to satisfy tax liabilities arising upon exercise of the award.
All other details remain unchanged.
The full amended text is shown below.
 
27 June 2018
Stobart Group Limited
('Stobart' or the 'Company)
Director/PDMR Shareholding
 
Stobart Group Limited announces that Richard Laycock, Executive Director, has
exercised the entirety of the nil-cost 2014 LTIP Award which vested on 22 June
2018.   Upon such exercise, Mr Laycock acquired, in aggregate, 204,120
ordinary shares. He has subsequently sold, in aggregate, 95,936 of such
ordinary shares in order to satisfy tax liabilities arising upon exercise of
the award.
 
Full details of the exercise and the subsequent sales are set out below.
 
This announcement is made in accordance with Article 19 of the EU Market Abuse
Regulation 596/2014.
 
Enquiries:
 
Stobart Group
Limited
C/o Redleaf Communications
Warwick Brady
 
Redleaf
Communications
+44 207 382 4730
Charlie
Geller
Stobart@redleafpr.com
 
Notification and public disclosure of transactions by persons discharging
managerial responsibilities
 
 1    Details of the person discharging managerial responsibilities / person closely
      associated
 a)   Name                                                         Richard Laycock
 2    Reason for the notification
 a)   Position/status                                              Chief Financial Officer
 b)   Initial notification /Amendment                              Initial Notification
 3    Details of the issuer, emission allowance market participant, auction
    platform, auctioneer or auction monitor
 a)   Name                                                         Stobart Group Limited
 b)   LEI                                                          213800BINQVRZFKA3E89
 4    Details of the transaction(s): section to be repeated for (i) each type of
    instrument; (ii) each type of transaction; (iii) each date; and (iv) each
      place where transactions have been conducted
 Transaction 1
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Acquisition of 5149 ordinary shares on exercise of nil cost LTIP award
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         0.00                  5149
 d)   Aggregated information
      - Aggregated volume
      - Price
 e)   Date of the transaction                                      2018-06-22
 f)   Place of the transaction                                     London Stock Exchange - XLON
 Transaction 2
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Sale of 2,420 ordinary shares to satisfy tax liability arising on exercise of
                                                                   LTIP award
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         2.47                  1527
                                                                                         2.42                  893
 d)   Aggregated information
      - Aggregated volume                                          2420
      - Price                                                      2.45
 e)   Date of the transaction                                      2018-06-22
 f)   Place of the transaction                                     London Stock Exchange - XLON
 Transaction 3
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Acquisition of 24,523 ordinary shares on exercise of nil cost LTIP award
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         0.00                  24523
 d)   Aggregated information
      - Aggregated volume
      - Price
 e)   Date of the transaction                                      2018-06-25
 f)   Place of the transaction                                     London Stock Exchange - XLON
 Transaction 4
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Sale of 11,526 ordinary shares to satisfy tax liabilty arising on exercise of
                                                                   LTIP award.
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         2.40                  11526
 d)   Aggregated information
      - Aggregated volume                                          11526
      - Price                                                      2.40
 e)   Date of the transaction                                      2018-06-25
 f)   Place of the transaction                                     London Stock Exchange - XLON
 Transaction 5
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Acquisition of 938 ordinary shares on exercise of nil cost LTIP award
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         0.00                  938
 d)   Aggregated information
      - Aggregated volume                                          938
      - Price                                                      0.00
 e)   Date of the transaction                                      2018-06-26
 f)   Place of the transaction                                     London Stock Exchange - XLON
 Transaction 6
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Sale of 441 ordinary shares to satisfy tax liability arising on exercise of
                                                                   LTIP award.
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         2.40                  441
 d)   Aggregated information
      - Aggregated volume                                          441
      - Price                                                      2.40
 e)   Date of the transaction                                      2018-06-26
 f)   Place of the transaction                                     London Stock Exchange - XLON
 Transaction 7
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Acquisition of 173,510 ordinary shares on exercise of nil cost LTIP award.
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         0.00                  173510
 d)   Aggregated information
      - Aggregated volume                                          173510
      - Price                                                      0.00
 e)   Date of the transaction                                      2018-06-27
 f)   Place of the transaction                                     London Stock Exchange - XLON
 Transaction 8
 a)   Description of the financial instrument, type of instrument  Ordinary Shares of 10 pence each in Stobart Group Ltd
      Identification code                                          ISIN: GB00B03HDJ73
 b)   Nature of the transaction                                    Sale of 81,549 ordinary shares to satisfy tax liability arising on exercise of
                                                                   LTIP award.
 c)   Price(s) and volume(s)
                                                                                         Price(s)              Volume(s)
                                                                                         2.36                  81549
 d)   Aggregated information
      - Aggregated volume                                          81549
      - Price                                                      2.36
 e)   Date of the transaction                                      2018-06-27
 f)   Place of the transaction                                     London Stock Exchange - XLON
 
 
 
 
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